Hi All,
I've been thinking about franchising for the last year now and I am now 100% sure that it's the way I want to take my business...
I have a few questions for those who franchise... It would be great to get some feedback if possible.
1. How did you get your first franchisee?
2. What was the initial cost to them?
3. What did they
initially get for the money they paid you?
4. What ongoing % do you charge?
5. Do they pay you a % of their monthly turnover completed? Or do they pay you a set % for the work you have "given" them to work?
6. I have come across a company who charge a daily fee to their franchisees... £50 per day that they work... Does anyone else do this?
Any other info would be great to.
Thanks guys!
Andy